Re: Sublicut - a new company?
Posted: 08 Mar 2011, 09:07
We don't know the facts really so no point judging. I've known companies shut down and start up again with a slightly different set-up in the back end for a few different reasons. I agree it doesn't always look good when this happens so a bit of decent PR is needed to smooth the way.
Still confused about the Holding company scenario though? Well known company in Wales......Novachrome? That's the only one I can think of and everything seems very open. In my limited knowledge a holding company is not really some cloak and dagger operation that is hiding things. If there are 2 or more companies a person is involved in then a holding company is a good option for tax implications and accounting.
Still confused about the Holding company scenario though? Well known company in Wales......Novachrome? That's the only one I can think of and everything seems very open. In my limited knowledge a holding company is not really some cloak and dagger operation that is hiding things. If there are 2 or more companies a person is involved in then a holding company is a good option for tax implications and accounting.